Dismissing the appeal of the Revenue the Court held that the assessee was not in existence as on the date of passing of the assessment order and this fact was duly informed and was in the knowledge of the Assessing Officer. The assessment order passed on a non-existent company was bad in law. Order of Tribunal is affirmed. (AY.2011-12)
PCIT v. Mount View Dealmark Pvt. Ltd. (2023)455 ITR 622 /335 CTR 310 (Jharkhand)(HC)
S. 143(3) : Assessment-Amalgamation-Revenue intimated of amalgamation-Non existence company-Assessment not valid. [S.260A]